Friday, December 4, 2020

U.S Futures Rising – Watch MRNA, ULTA, COO

The S&P 500 Futures are on the upside after they closed mixed yesterday ahead of major North American jobs reports. Later today, the U.S....

Brexit Goes Down to the Wire

Brexit into the eleventh hour The eleventh hour is seemingly finally upon us, with Brexit talks hitting a critical stage and the next few...

Will Key Job Releases Weigh On US Dollar?

The markets are yet to open in North America, but today’s session could be interesting, ahead of the release of key employment events in...

XAU/USD Tests 1,845.00

Since Thursday, the XAU/USD exchange rate has been testing the 1,845.00 level. It is likely that yellow metal could gain support from the 55-hour...

USD/JPY Might Reverse South

On Thursday, the USD/JPY currency pair dropped to the 103.80 level. During today’s morning, the pair reversed north. It is likely that the exchange...

EUR/USD Tests 1.2170 Mark

Since the second half of Thursday, the EUR/USD currency pair has been testing the 1.2170 mark. If the predetermined level holds, it is likely...

BoE Saunders: Effective lower bound interest rate a little below zero

Michael Saunders talked about “Some Monetary Policy Options – If More Support Is Needed” in a speech. He said, “My judgment at present is...

GBPUSD Eases Below 1-Year High Around 1.3500

GBPUSD is losing ground after it reached a fresh one-year high marginally below 1.3500 on Thursday. The momentum indicators suggest there is still some...

NZDUSD Pulls Under Ichimoku Lines, Bullish Structure Unbroken

NZDUSD is receding below the flattening blue Kijun-sen line around 0.7054 in the four-hour chart, after a bullish trend off 0.6612 thrusted the pair...

Aussie Dips Despite Strong Retail Sales

The Australian dollar’s mini-rally has petered out on Friday. AUD/USD is currently trading at 0.7419, down 0.30% on the day. Retail sales beats forecast...